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20121205
20121213
STATION
KQED (PBS) 9
KQEH (PBS) 5
KRCB (PBS) 4
WETA 1
WMPT (PBS) 1
LANGUAGE
English 20
Search Results 0 to 19 of about 20 (some duplicates have been removed)
PBS
Dec 11, 2012 4:30pm PST
with no agreement to avoid the fiscal cliff. economists warn that if higher taxes and less government spending go into effect for many months next year, the u.s. could sink back into recession. so expect reporter questions on that topic at the fed's question and answer session after the policy announcement. >> he's going to reiterate to politicians to get their acts together for some sort of long-term deficit reduction plan. >> reporter: the stock market often rises when the fed announces economic stulus measures. but that may not happen tomorrow. some experts think the overhang of the fiscal cliff will likely dampen investor enthusiasm. erika miller, nbr, new york. >> tom: the latest economic statistics the federal reserve can consider is the october trade balance, with american importing a record amount of stuff from china. that increased our trade deficit to $42.2 billion. u.s. exports fell 3.6%, the biggest drop in almost four years. imports also fell, down 2.1% to the lowe in month n ll street,he dow gained 78, the nasdaq rose 44, the s& up nine. >> susie: our next guest says the fed's stim
PBS
Dec 10, 2012 7:00pm PST
trading. selling these shares will mean the government made a profit with its bailout. after this stock sale, the government will continue to own warrants, allowing it to buy a.i.g. stock if it chooses. separately, a.i.g. announced it will sell almost all of its aircraft leasing business to a group of chinese companies for $4.8 billion. that's much less than what a.i.g. wanted. it is a different kind of deal for conglomerate ingersoll-rand. it will spin off its locks business, with names schlage and kryptonite, something active shareholders have been calling for. i-r shares fell 1.9%. four of the five most actively traded exchange traded products were up. the financial e.t.f. fell two tenths of a percent. and that's tonight's "market focus." >> tom: could wall street be turning on apple? not only is the stock one of the most widely owned, it also is almost universally loved by analysts. but the stock has dropped more than 20% in less than three months. tonight's "word on the street" is "apple." lindsey bell is an investment analyst with thestreet.com. lindsay, how would you describe the
PBS
Dec 7, 2012 4:30pm PST
to be weak due to worries about the fiscal cliff. with $600 billion in automatic tax hikes and government spending cuts set to start next yer, why aren't more firms postponing hiring decisions? >> what we're hearing from businesses is that it is really hard to actually pull back hiring right now, because they've already fired so many workers, gotten so lean that it's really difficult. >> reporter: but not all the surprises in the report were good. at 7.7%, the unemployment rate hit its lowest level since december 2008. but that was mostly due to people giving up their search for work. and there's another disappointing trend, weak wage growth. >> what we are not seeing is strong income generation. the slowing in wage gains-- the weak bargaining power of labor comes across in this report and >> reporter: so although the labor market is not getting worse, it's not getting a lot better, either. and there are plenty of risks that could cause businesses to cancel projects, and hiring plans. >> clearly one of the biggest risks is that we don't see a deal on the fiscal cliff, or that they drag it
PBS
Dec 4, 2012 4:30pm PST
the federal government to the states, that's not really saving anything. and the president understands that. we think it is really important. recognizing if there are cuts in funds, there ought to be a corresponding reduction in some of the requirements that are put on the states. so we really, as much as anything else, wanted to make sure that our voices are heard and that as decisions are made, whether it is about taxes, whether it is about spending cuts, that they be done equitably and with our input. >> susie: your state is headquarters to many large american companies. and if their taxes go up, which everybody is expecting, what would that meanor jobs in delaware, and also for your state's economy? >> well, across the country, i think this whole issue around taxes and around the fiscal cliff generally leads to something else, which is significant uncertainty. and whether it is delaware or whether it is any other state, one of the things that is most important to us is having business leaders have some kind of certainty about what the ground rules are going to be. not just for the next
PBS
Dec 5, 2012 4:30pm PST
that they ordinarily would have. >> reporter: friday, the government will report it's monthly snapshot of the u.s. labor market. it, too, is likely to reflect temporary effects related to the aftermath of hurricane sandy. >> we're looking for only a 50,000 gain in jobs in november, well under that 170,000 average we've seen over the past three months. >> reporter: hurricane sandy's effects on hiring may be short- lived, but experts worry fiscal cliff concerns could result in a new storm brewing for workers looking to land a job in the coming weeks. suzanne pratt, "n.b.r.," new york. >> tom: citi and the financials lead the way higher on wall street, helping the dow top 13,000 again. but a big drop in apple shares kept the nasdaq from gains. by the closing bell, the dow was up 82 points, the nasdaq down 23, the s&p added two points. >> susie: investors were also encouraged by news that american workers were very productive this past summer, and that's good news for company profits. productivity increased at its fastest pace in two years, at an annual rate of 2.9% from july through september. tha
Search Results 0 to 19 of about 20 (some duplicates have been removed)